Strategic Plan>> The Business Plan and Budgeting>> Raising Finance>>

The Strategic Plan
Do you have a strategic plan?
"Why do I need a strategic plan?", you may ask
You need to be clear about your business' purpose and objectives. You need to understand the environment in which you operate. What structures and resources will be required to enable you to react to sudden and unforeseen changes in your business environment in a positive and timely manner.
Forward planning is what business managers would always identify as a pre-requisite for knowing where the business should be going and how it is going to get there. However, too many owner / managers are simply too busy trying to navigate their businesses through day-to-day problems to look at the bigger picture and plan properly for the future.

YourOwnFD can help you and your associates focus on your organisation's strategic issues and help you formulate a strategic plan.
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The Business Plan and Budgeting
Budgeting follows the planning process.
 
The strategic plan is given the substance to formulate a business plan. It puts the meat on the bones. When the business plan is ready, it can be crystalised into a detailed format of income targets and expense projections. This is the budget.
 
YourOwnFD can bring many years experience of the business planning and budgeting process into your environment to provide you with
 
Assistance in compiling a business plan to present to your financiers if you are looking
  to increase your funding for working capital or expansion, or to re-negotiate your
  existing facilities.
Help in putting together a business plan so that you and your associates can better
  understand where your business may be heading over the next few years.
An annual budget for your business and periodic re-forecasts as the year progresses.
A link with your management accounts to show how your business is actually
  performing in comparison with how you were expecting it to perform in the budget.
 
Bring in YourOwnFD to set you on your way forward.
 
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Raising Finance
Potential investors or financiers will want to see your business plan in order to consider your request for future funding.
 

As well as helping you with your business plan, YourOwnFD can

 
Approach potential lenders
Assist in negotiations with sources of finance
Work with you in finalising lending terms
 
If you need assistance and support with a lending application, talk to YourOwnFD
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last updated October 14, 2002
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